Supply Chain Shortages And Its Impact On Manufacturing
All Things Supply Chain
JULY 1, 2024
Globally, supply chain issues have become a pressing challenge, particularly impacting the manufacturing sector.
July, 2024
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Chasing a Common Supply Chain Objective: Saving Lives
Art of Procurement
JULY 11, 2024
For over a decade, one public-private partnership has worked to make lifesaving medicines available in the most remote parts of. The post Chasing a Common Supply Chain Objective: Saving Lives appeared first on Art of Procurement.
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New Report Says Supply Chains Must Embrace AI Now, or Be Left in the Dust
Supply Chain Brain
JULY 21, 2024
The progress of supply chains in adopting AI varies widely. So does the return on investment. But according to one recent study, there’s one strategy that guarantees failure: doing nothing.
Election year uncertainty clouds 2024 supply chain outlook
Supply Chain Dive
JULY 26, 2024
Manufacturers “may kick the can down the road for certain capital investment decisions” as a result, Michigan State’s Jason Miller said during a panel discussion.
How To Align Product Management And Supply Chain Operations For Successful Product Launches
Speaker: Shalini Dinesh
Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.
Luminance: Vendor Analysis — CLM solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
JULY 8, 2024
This Spend Matters Vendor Analysis provides an overview of Luminance and its solution for contract lifecycle management (CLM). Luminance offers legal-grade AI for the full spectrum of document review, from generation and review to post-execution analysis. The Luminance AI enhances and expedites the entire contract lifecycle process, including drafting, negotiating and understanding key features of executed contracts, all while maintaining compliance.
The Ultimate Guide to Bids and Tenders for Business Success
Procurement Freelancers
JULY 31, 2024
When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
The Great Supply Train Robbery
Art of Procurement
JULY 25, 2024
According to the New York Times, about 20 million containers move through the ports of Los Angeles and Long Beach. The post The Great Supply Train Robbery appeared first on Art of Procurement.
Nurturing Career Growth in the New Era of Supply Chain
Supply Chain Brain
JULY 1, 2024
The supply chain discipline has become a C-suite concern that drives competitive advantage and customer excellence — one that requires expansive leadership skills and technical prowess.
New Jersey Senate passes bill to rightsize shipping boxes
Supply Chain Dive
JULY 3, 2024
Have you ever received a tiny item in a huge box? Some legislators want to require retailers to keep that ratio in check. It’s one of multiple packaging bills in play in the state, among others related to PFAS, EPR and plastic utensils.
ProcureVue: Vendor Analysis — Spend Analytics solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
JULY 1, 2024
This Spend Matters Vendor Analysis provides an overview of ProcureVue and its solution for spend analytics. It is common for the data held by Procurement (and indeed the business) to become so large and so messy that it is no longer possible to manage it in-house, whether because of time or software constraints. This is where the many vendors like ProcureVue in the procurement space that are designed to tackle this problem come in.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
Advertiser: GEP
Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
Best Practices in Strategic Purchasing for Complex Markets
Procurement Freelancers
JULY 31, 2024
Navigating complex markets can be difficult for organizations in the fast-paced business environments of today.… The post Best Practices in Strategic Purchasing for Complex Markets first appeared on Procurement Blog | Procurement & Supply Chain News.
My emails to two solution providers
Procurement Insights
JULY 16, 2024
Email No. 1 Hello, ABC Solution Provider. I had a productive call with the prospective client practitioner this morning. After providing them with added industry insight regarding competitors in the market and understanding their decision-making process, here is what I know: Their priorities regarding a solution provider – feet on the ground presence regionally is important.
De Minimis: Supply Chain Trifles the Law Should be Concerned With
Art of Procurement
JULY 18, 2024
Section 321 of the U.S. Tariff Act of 1930 contains a small provision known as ‘de minimis,’ a Latin phrase. The post De Minimis: Supply Chain Trifles the Law Should be Concerned With appeared first on Art of Procurement.
Digital Threads: The Path to Sustainable Manufacturing
Supply Chain Brain
JULY 8, 2024
Growing environmental concerns, rising consumer expectations for ethical production, and increasing regulatory pressures are pushing businesses toward sustainable operations.
The Evolution of Control Towers to Command Centers
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
Carhartt grows efforts to source sustainable cotton
Supply Chain Dive
JULY 15, 2024
The workwear brand is tapping the U.S. Cotton Trust Protocol and Better Cotton initiative in a bid for greater traceability and transparency over its supply chain.
Empowering financial health: Enhancing working capital efficiency and early payment opportunities
Spend Matters
JULY 15, 2024
In the realm of modern business operations, effective financial management is not just a task, it’s the heartbeat that drives growth and sustains operations. Imagine a company navigating a complex network of supplier negotiations, payment terms and cash flow management. This is where procurement steps in as the strategic architect, shaping the path to financial optimization.
Is a Product Sourcing Agent Right for My E-Commerce Business?
Procurement Freelancers
JULY 17, 2024
Starting an online store is exciting, but you may face many obstacles you can’t overcome.… The post Is a Product Sourcing Agent Right for My E-Commerce Business? first appeared on Procurement Blog | Procurement & Supply Chain News.
Potential Efficiency Improvements: Vehicle Efficiency in Businesses
SCMDOJO
JULY 18, 2024
Vehicle efficiency is a critical factor for businesses operating trucks. It directly impacts operational costs and environmental footprint. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. Implementing these practices can lead to substantial business cost savings and a cleaner environment.
The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
Coca-Cola’s Project Last Mile
Art of Procurement
JULY 4, 2024
“Coke is everywhere. In fact, when I travel to the developing world, Coke feels ubiquitous. […] If we can understand. The post Coca-Cola’s Project Last Mile appeared first on Art of Procurement.
Watch: AI in the Supply Chain: Fact and Fiction
Supply Chain Brain
JULY 15, 2024
Tom Moore and Keith Moore, CEOs of, respectively, ProvisionAi and Autoscheduler.AI, talk about how AI is helping to solve problems in supply chains — and where it's more a matter of hype.
Sustainability starts on the farm: How agricultural traceability benefits producers and consumers
Supply Chain Dive
JULY 22, 2024
Discover how agricultural traceability is revolutionizing the food industry, empowering consumers with knowledge, boosting farmers’ revenues and paving the way for a sustainable future.
Q2 2024 Insider roundup: A deep dive into intake management and orchestration; following procurement tech market movements; updated coverage of 16 vendors
Spend Matters
JULY 10, 2024
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Scaling Logistics for Success: A White Claw Story
Speaker: Scott Campbell and Molly Feller
As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe
Top 6 Trends Revolutionizing Supplier Auditing in 2024
Procurement Freelancers
JULY 20, 2024
Companies that are heavily invested in sourcing should do their utmost to keep their logistics… The post Top 6 Trends Revolutionizing Supplier Auditing in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.
STOP Selling and Marketing – START Building Relationships
Procurement Insights
JULY 18, 2024
We are inundated with an unprecedented volume of information. A recent survey by the team at Heyday found that the average person consumes four articles, more than 8,000 words and more than 200 messages daily. Yet, research suggests that we forget up to 70% of new information within 24 hours if we don’t actively engage with it. This “forgetting curve” shows that despite our voracious content consumption, we retain only a fraction of what we read. – Anne-Laure Le Cunff , Ness Labs Occ
Procurement 6 – July 12th, 2024
Art of Procurement
JULY 12, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – July 12th, 2024 appeared first on Art of Procurement.
Chinese Hackers Targeting Ships Across Europe With Malware on USB Sticks
Supply Chain Brain
JULY 11, 2024
Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.
Supply Chain Orchestration: A New Era in Supply Chain Management
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When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.
UPS defends higher peak surcharges ahead of shorter holiday season
Supply Chain Dive
JULY 26, 2024
The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.
Rosslyn: Vendor Analysis (Part 2) — Spend analytics product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary
Spend Matters
JULY 22, 2024
Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Rosslyn’s spend analytics solution. It also looks at the voice of the customer and the elements to consider when looking at Rosslyn as a potential solution provider. Part 1 of the series provided a history and overview of Rosslyn’s spend analytics solution and its roadmap.
7 Steps to Streamline Your Procurement Contract Management
Procurement Freelancers
JULY 14, 2024
Getting business agreements handled properly is essential for businesses. It means taking care of contracts… The post 7 Steps to Streamline Your Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.
AI Dime A Dozen Post Reader Reactions!
Procurement Insights
JULY 8, 2024
One of the AI industry’s top experts and most vocal supporters had a few things to say on LinkedIn about yesterday’s post. The following exchange not only uncovers issues that need to be discussed openly, but it also makes for pretty good reading. Paul Baier Executive Fellow @HBS and CEO of GAI Insights | We help innovative AI leaders and vendors drive value with GenAI Jon W.
How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy
Speaker: Paul Heller
Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro
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